Dr. Robert J. Rosenstein, 56, Cleveland, Ohio, was indicted one one count of conspiracy to commit bank fraud, false statements to influence a bank to make a loan, mail fraud, and wire fraud.
Rosenstein is charged as being a straw buyer for a co-conspirator, not charged in the information, referred to as “J.C.” The information defines a straw buyer as an individual
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William A. Trudeau, Jr., 47, Westport, Connecticut, was indicted by a federal grand jury on November 18, 2010, and charged with nine counts of bank fraud, wire fraud and mail fraud offenses stemming from his alleged participation in a Fairfield County, Connecticut, mortgage fraud scheme.
The indictment alleges that Continue Reading...
Alfio Paulo Puglisi, 42, formerly of Melbourne, Florida, was sentenced to 51 months in federal prison for conspiracy to commit wire fraud, followed by 3 years supervised release, and restitution in the amount of $1,453,609.73. Puglisi pled guilty to the charge on August 31, 2010.
According to court documents, in May 2007, the Federal Bureau of Investigation determined that 13
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Frank P. Jenkins II, 45, LaPlata, Maryland, pleaded guilty on Friday, November 12, 2010, to wire fraud and mail fraud in connection with a scheme to defraud clients of his law practice and lenders in real estate transactions.
According to the plea agreement, prior to September 15, 2009, Jenkins was an attorney licensed to practice law in Maryland and did business as Frank P. Jenkins, PC.
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Edgar Corona, 32, Springfield, Massachusetts, pleaded guilty before U.S. District Judge Michael A. Ponsor to wire fraud and money laundering. Judge Ponsor sentenced the defendant to time served and three years of supervised release and advised the defendant that it was likely that he would be deported.
At the plea hearing, the prosecutor told the court that had the case proceeded to trial, the government’s evidence would have
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Nevada has received $1,700,500 from the U.S. Office of Justice Program as a discretionary or project-driven grant to enable the Mortgage Fraud Unit within the Nevada Office of the Attorney General to expand services to deal with Nevada’s mortgage fraud and vacant property crimes.
The grant will enable the Mortgage Fraud Unit to add four investigators and two prosecutors to its current staff of three investigators and three prosecutors. The grant will enable the unit to increase the number
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Delgardo Lee Linthicum, 54, Rustburg, Va., the former head of a non-profit organization and preacher, was sentenced in U.S. District Court on one count of bank fraud for failing to disclose all of his financial assets to a banking institution while trying to secure a loan.
Linthicum pled guilty in August to a one count Information charging him with bank fraud. In U.S.
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Hundreds of organizations have partnered with the Association of Certified Fraud Examiners (ACFE) to shine a spotlight on fraud during International Fraud Awareness Week, Nov. 7-13, 2010. The awareness campaign comes during a time when organizations around the world lose an estimated 5 percent of their annual revenues to fraud, according to ACFE research.
During Fraud Awareness Week, official supporters will engage in various activities in support of the anti-fraud movement. These
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Arthur Gonzales Diaz, 56, Anaheim, California, is charged with seven felony counts of grand theft and one misdemeanor count of engaging in business as a real estate broker without a license with a sentencing enhancement for property damage exceeding $65,000. If convicted, he faces a maximum sentence of eight years in state prison. Diaz is being held on $75,000 bail and must prove the
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Consumers are being warned of prerecorded telemarketing calls offering credit repair or loan modification services. Some consumers report they are receiving multiple calls per day.
During the call, a recording tells the consumer they qualify for a loan modification or credit repair and the call may quote a loan account number to make the offer appear authentic. However, when the consumer pushes the telephone button to talk to a representative, the recording states that no one is able to
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